An award winning property management business based in
Manchester has received a £400k investment from NPIF - FW Capital
Debt Finance, part of the Northern Powerhouse Investment Fund
(NPIF), to support its further expansion.

urbanbubble provides a full range of residential property
management services. The company was set up by MD Michael
Howard in 2008 and now manages over 8000 properties across 90
residential schemes predominantly in the Manchester and Liverpool
areas.

urbanbubble has recently secured a key contract with Legal &
General to support the growth of their Build to Rent residential
portfolio which will see significant expansion for the business
into regions outside of the North West. urbanbubble is also
preparing for the launch of leading schemes in Manchester and
Liverpool by Salboy, Property Alliance Group, Mulbury, DTZi and
Capital & Centric.

Group turnover last year (2017) reached over £3m and is on
target to reach around £4m this year with headcount increasing from
120 to 250 in the next 2years
urbanbubble MD Michael Howard said: “The funding from FW Capital
will be used to invest in people, systems and processes to ensure
that strong operational structures are in place to support this
next phase of development.

“We’re really pleased to have received investment from the
Northern Powerhouse Investment Fund with FW Capital providing a
quick and efficient service.”

FW Capital investment executive Adam Husband said: “urbanbubble
have worked very hard to build strong strategic relationships with
some of the biggest names in the real estate market. Michael’s
commercial acumen has been demonstrated by the growth of the
business to date and he has built a really strong management team
around him. This investment will support significant job creation
and growth for the business and the region.”